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Hey guys, long post ahead, apologies in advance. My name is A.J. and I have decided to get into real estate investing (buy and hold method). I have been doing homework and research every day, and listening to podcasts...
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Hello guys,
I have a question and hope that somebody can explain this to me a little more. When is it convenient to have a LLC and what is really the purpose of it? I been reading about it, and feel like I can use i...
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Hi I'm new to this forum and to real estate investing. I wanted to get advice on my investment strategy and see if anyone has any thoughts on this. To give some background, I currently have a very lucrative job, my ...
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Hi all-Newbie here. Searching for my answer on BP, time and time again I hear that live-in flipping is too good to be ignored due to the enormous tax capital gains tax benefit. My question is, what differentiates the ...
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I recently listed to the podcast on cost segregation study/ bonus depreciation. I had a significant gain on an investment in 2022 that I recently took a payout on. With that said, I will owe a significant amount of ta...
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Hi all - I'm looking to pull a HELOC to finance first property / properties out of state (I'm in Cali). Have about $400k in equity in home and considering starting with $100-200k HELOC to have funds available, and to ...
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The owner inherited the home along with his two sisters and is asking $165-$175K as his bottom. The home is in great shape and only needs new flooring in the kitchen and high traffic areas. How do i propose a deal t...
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What are your favorite real estate motivational quotes? Here are a few of mine;---Don’t wait to buy real estateBuy real estate and wait---YesterdayNowTomorrow---Don’t be busyBe Productive---Please share yours!
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Here is my current situation. Currently live in and own a SFH w/ 2.5% rate. Building a new house that will be done around Nov '23 - Jan'24 and will be my new primary home. Expecting $80k-$100K income tax bill on my ac...
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I am interested in mobile home parks. Have not bought any yet. I am curious, have you had any concerns with your personal safety buying mobile home parks? Second question was about liability. Have you had concerns or...